All of the materials we use to produce our products come from China including the 3D printers, resins, packing materials even the software we use for printing, which is had by industry standard monthly subscription.
We buy our machines and resins from China simply because there are no affordable US sources for them. If we could get comparable, affordable commercial-grade machines in the US, we would. They simply don't exist here.
Most US-based 3D printer companies outsource their resins and printer manufacturing from China. The machines may be designed outside of Boston, but the machines themselves are made in China. Resin 3D printers use components that are considered consumables that must be replaced frequently. With our very high machine usage rates, we replace resin vat film about monthly and LCD screens about every 3 months. Those consumables come from, you guessed it, China. And many of those components are pricy.
Any tariff the US puts on China that affects the cost of the consumables and resin we rely on will cause us considerable financial harm and could easily put us out of business, and very quickly. I say this partly because our overseas competitors, who also source their machines and consumables from China, are not affected by US imposed tariffs on China.
After not having to raise prices at all in 10 years, we've had to do so twice in the last 7 months in order to stay in business.
Since January, we lost most of our international customers, fully one third of our revenue. That loss is nothing short of breathtaking. Ask yourself how many businesses can survive a sudden 1/3rd loss in revenue. Prior to January for example, we would frequently receive orders from customers in Canada and Denmark several times monthly. Since January, those orders have all but dried up. In the last 6 months, I have filled 3 orders from Canada.
This presidency has been a financial disaster for us.
The notion that the "domestic resin/3D printed industry might very well find a revival" is simply not realistic.
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